Press releases

View our latest press releases and comment here.

Sign up to recieve Press Releases

By subscribing you consent to us sending you press releases

'For people, not shareholders' - a BSA collaboration with ITN Productions

In a new communications partnership, the BSA and ITN Productions are producing a news and current affairs-style programme exploring how building societies help people achieve their financial goals.

  • Date: 22 January 2019
View Press Release

Building societies come out on top once again

Independent research from Savings Champion reveals that building societies have outperformed banks in key areas throughout 2018.

  • Date: 15 January 2019
View Press Release

BSA comments on CMA decision on CAB super-complaint

The BSA welcomes the decision by the CMA for regulators to take forward the recommendations within their current work without the need for a separate market study at present.

  • Date: 19 December 2018
View Press Release

Brexit slashes confidence in housing market

Released today, the BSA Property Tracker survey results reveal that:

  • Consumer confidence in the housing market has fallen considerably because of Brexit uncertainty - more than half of the population (53%) see Brexit as the biggest single risk to the market in 2019
     
  • Just 19% agree that ‘now is a good time to buy a property’ – down from almost a quarter (24%) in September. A third (33%) of the population disagree that “now is a good time to buy”.

  • Date: 18 December 2018
View Press Release

BSA comments on FCA findings on long-term mortgage arrears

Today the FCA published its findings on how mortgage lenders manage customers with long-term mortgage arrears and provide forbearance to affected customers. The BSA comments.

  • Date: 06 December 2018
View Press Release

Q3 figures: Building societies take mortgage market share

Lending & savings figures for the three months to September 2018.

  • Date: 26 November 2018
View Press Release

First-time buyers - is the 'Bank of Mum and Dad' the only answer?

The Bank of Mum and Dad already provides billions of pounds of help to younger homebuyers.  A new report published today highlights how with the right support this role could grow, without jeopardising the long-term financial wellbeing of older generations.

  • Date: 12 November 2018
View Press Release

Financial services industry commits to a new code of practice to better support victims of financial abuse

The Building Societies Association has signed up on behalf of its members.

We welcome the Code of Practice and any measures designed to tackle financial abuse and to help victims get the very best support as easily as possible in difficult times.

  • Date: 10 October 2018
View Press Release

BSA responds to the Prime Minister's Conservative Party Conference speech

“We’re delighted that the Prime Minister has announced that the Government is scrapping the cap on council borrowing limits against the Housing Revenue Account, today in her speech at the Conservative Party Conference – something we have been campaigning for over a number of years.

  • Date: 03 October 2018
View Press Release

Consumer confidence in housing market falls

Consumer confidence in home purchase has dropped in September, with the BSA’s Property Tracker Index¹ at -4%, down on June’s figure of -1%. 

The UK Public has now been net negative about the time being right to buy a new home, for 6 consecutive quarters.

  • Date: 26 September 2018
View Press Release

Mortgage market subdued & competitive but building societies are positive

Lending and savings figures from the building society sector for the three months to June¹ show that the sector accounted for over a third (37%) of the growth in the mortgage market, and took more than a quarter (27%) of cash savings deposits. 

  • Date: 13 August 2018
View Press Release